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Refinance Analyzer

Use the Refinance Analyzer below to estimate the potential profit and return on investment from your next deal. Edit the assumptions to adjust the calculation.

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$172,232

Cash Out Proceeds

$-13,155

Annual Net Cash Flow

$2,780

New Loan Payment

0.61

Debt Service Coverage

Refinance Cost
New Loan Amount
$407,490
Current Loan Payoff
$217,300
Loan Points
$8,150
Loan Closing Costs
$9,808
Total Refinance Cost
$235,258
Total Cash Out Proceeds
$172,232

Loan Terms
New Loan Amount
$407,490
Monthly Loan Payment
$2,780
Interest Rate
7.25%
Property Net Cash Flow
$20,203
Annual Loan Payment
$33,358
Debt Coverage Ratio
0.61

Closing Costs
Attorney's Fees and Loan Docs
Mortgage Taxes and Doc Stamps
%
$0
Title - Lender's Policy
%
$2,852
Title Search
Wire/Courier
Recording and Mortgage
Lender Underwriting Fee
Appraisal
Escrow/Settlement Fee
HOA Report/Estoppel/Unpaid Dues
Lender Processing
Prepaid Loan Reserve
(Months)
$0
Prepaid Insurance Premium
(Months)
$2,391
Misc.
Total Loan Closing
$9,808

Rental Income
Monthly Market Rent
$2,500
Potential Gross Rent
$30,000
Vacancy Factor
%
$1,500
Effective Gross Rent
$28,500
Property Taxes
%
$5,406
Hazard Insurance
%
$2,391
HOA Dues (Annual)
Maintenance and Reserve
Total Expenses
$8,297
Net Operating Income
$20,203
Annual Loan Payment
$33,358
Net Cash Flow After Debt Service
$-13,155
Debt Coverage Ratio
0.61
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Disclaimer: Information on estimated costs and profitability is provided for informational purposes and is deemed to be valid and reliable, but is not guaranteed. It is your sole responsibility to independently confirm and verify all information upon which you may rely or use.